Jan 19 2011 | 9:09pm ET
A key figure in the Galleon Group insider-trading case has pleaded guilty, netting prosecutors their 15th guilty plea in the massive investigation.
Danielle Chiesi, until last month the co-defendant of Galleon founder Raj Rajaratnam, said she was “deeply ashamed” of passing on confidential tips and trading on them at hedge fund New Castle Partners.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…